Traders await remarks from US Treasury Secretary and Fed Chair on Iran sanctions and monetary policy outlook.
The British Pound holds near 1.3640 against the US Dollar, reflecting cautious trading ahead of key US policy announcements. GBP/USD remains close to its opening level as markets assess potential shifts in geopolitical and monetary policy risks.
The pair has shown limited volatility, with traders focusing on upcoming speeches by US Treasury Secretary Scott Bessent on Iran sanctions and Fed Chair Kevin Warsh at the Kansas City Fed’s Jackson Hole Symposium. Prior sessions saw muted movement, with investors balancing risk sentiment against policy expectations.
No immediate market reaction has been observed, as participants await further clarity from the speeches.